Analysts rate Antofagasta plc with a consensus Hold rating and a 12-month average target price of GBX 1336.04 per share.
RBC Royalbank recently downgraded Antofagasta to an Underperform rating, and lowers the target price from GBX 1450 to GBX 1350.
Based on the Antofagasta plc stock forecasts from 8 analysts, the average analyst target price for Antofagasta plc is GBX 1,336.04 over the next 12 months. Antofagasta plc’s average analyst rating is Hold. Stock Target Advisor’s own stock analysis of Antofagasta plc is Slightly Bullish, which is based on 11 positive signals and 5 negative signals. At the last closing, Antofagasta plc’s stock price was GBX 1,691.00. Antofagasta plc’s stock price has changed by -61.50% over the past week, +119.50% over the past month and +0.00% over the last year.
Antofagasta plc operates in the mining business. It operates through Los Pelambres, Centinela, Antucoya, Zaldívar, Exploration and Evaluation, and Transport segments. The company was founded in 1888 and is based in London, the United Kingdom. Antofagasta plc is a subsidiary of Metalinvest Establishment.
What we like:
High market capitalization
This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.
Superior risk-adjusted returns
This stock has performed well, on a risk-adjusted basis, compared to its sector peers (for a hold period of at least 12 months) and is in the top quartile.
The stock’s annual returns have been stable and consistent compared to its sector peers (for a hold period of at least 12 months) and are in the top quartile. Although stability is good, also keep in mind it can limit returns.
High dividend returns
The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on a total return basis, for investors seeking high-income yields.
Superior return on equity
The company management has delivered a better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.
Superior capital utilization
The company management has delivered a better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.
Superior return on assets
The company management has delivered a better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.
Positive cash flow
The company had positive total cash flow in the most recent four quarters.
Positive free cash flow
The company had positive total free cash flow in the most recent four quarters.
Superior Earnings Growth
Compared to its sector, this stock has shown top quartile earnings growth in the previous 5 years.
Superior Dividend Growth
This stock has shown top quartile dividend growth in the previous 5 years compared to its sector
What we don’t like:
Below median total returns
The company has underperformed its peers on annual average total returns in the past 5 years.
Overpriced compared to earnings
The stock is trading high compared to its peers on a price to earning basis and is above the sector median.
Overpriced compared to book value
The stock is trading high compared to its peers median on a price to book value basis.
Overpriced on a cash flow basis
The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering buying.
The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.
Stock Target Advisor is not a broker/dealer, investment advisor, or platform for making stock buying or selling decisions. Our goal is to democratize and simplify financial information through automated analysis, aggregation of stock information, and education to help investors with their research. No content on our site, blogs or newsletters constitutes – or should be understood as constituting – a recommendation to enter into any securities transactions or to engage in any of the investment strategies presented in our site content. We also cannot guarantee the accuracy of any information presented on our site and in our analysis.